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Winding-up and Restructuring Act

Version of section 16 from 2012-12-19 to 2024-02-06:

Marginal note:Power of the court

 On receiving the report of the accountant or person ordered to inquire into the affairs of the company under section 14, and after hearing such shareholders or creditors of the company, or, if the company is a federal credit union, such of its members, shareholders or creditors, as desire to be heard in respect of the report, the court may either refuse the application or make the winding-up order.

  • R.S., 1985, c. W-11, s. 16
  • 2010, c. 12, s. 2131

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